The word "economy" is derived from a Greek word meaning household management.
The economy is supposed to serve the people, the people are not supposed to serve the economy. A national 3% GDP growth is meaningless if the population does not somehow benefit. It becomes an irrelevant number.
So many people say:
>Gone are the days of giant steel mills and factories that can employ 10,000 people at a time with very satisfying wages
Steel is still being produced. Factories still exist. Products are still being made. Why not in the US for a US market at decent wages?
The modern orthodoxy is that the people must adapt to the economy and not the reverse.
People who are fully vested in the current economic structure are defending their wealth by perpetuating the status quo at any cost.
The monetary system requires perpetual growth or it will collapse, and that the social welfare systems that are in place are structured like Ponzi schemes and will implode without sufficient numbers of new people paying in each year. Hence the push for open borders.
Is the FED really willing to destroy Western Civilization just to save the monetary system? Is the government really willing to destroy Western Civilization just so they don't have to admit that they have mismanaged the social welfare programs and squandered the future on endless wars? Are the people really willing to destroy Western Civilization because they don't want to stop mindless consumption and hedonism?
It's like burning down your house so you can collect insurance money that you will use to pay the mortgage.
Any honest person will recognize that pride, greed, lust, envy, gluttony, wrath and sloth are the guiding principles of our culture. Our capitalism has taken on the character of our people.
We live in a casino-gulag economic system because our culture has deteriorated. We have literally inverted morality and wonder why capitalism has taken on a vicious character.
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